Intangibles, Net

12 Months Ended

Jul. 31, 2019

Intangible Assets, Net (Excluding Goodwill) [Abstract]

NOTE 5 — Intangibles, Net

The following table sets forth amortizable intangible assets by major asset class:



	Gross Carrying Amount				Accumulated Amortization						Net Book Value				Weighted Average Remaining Useful Life (in years)
	July 31,				July 31,						July 31,				July 31,
(In thousands, except remaining useful life)	2019		2018		2019			2018			2019		2018		2019	2018
Amortized intangibles:
Supply contracts and customer relationships	$	49,109	$	71,787	$	(11,900	)	$	(29,601	)	$	37,209	$	42,186	9	10
Trade names	23,501		24,173		(8,010		)	(6,405		)	15,491		17,768		7	1
Licenses and databases	7,688		9,291		(5,232		)	(4,363		)	2,456		4,928		2	2
Covenants not to compete	—		1,666		—			(1,656		)	—		10		0	0
Total Intangibles	$	80,298	$	106,917	$	(25,142	)	$	(42,025	)	$	55,156	$	64,892

Aggregate amortization expense on intangible assets was $10.5 million, $14.0 million and $6.8 million for the years ended July 31, 2019, 2018 and 2017, respectively. During the year ended July 31, 2018, the Company recognized a $1.1 million charge primarily related to fully impairing a supply contract in the International segment. Intangible amortization expense for the next five fiscal years based upon July 31, 2019 intangible assets is expected to be as follows:



(In thousands)
2020	$	8,613
2021	6,129
2022	6,074
2023	5,973
2024	5,729
Thereafter	22,638
Total future intangible amortization expense	$	55,156